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PE-backed Topsgrup completes acquisition of UK security services firm for $30.36M

BY  Bhawna Gupta
Everstone Capital, ICICI Venture and Rakesh Jhunjhunwala are investors in Topsgrup.

Mumbai-based security solutions provider Topsgrup has acquired the balance 49 per cent stake it did not own in Shield Guarding Co. Ltd (SGCL) for £19.5 million ($30.36 million or Rs 168 crore).

Topsgrup had...

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